After a strong correction earlier this week, Bitcoin (BTC) has registered a strong pullback today. The BTC price has surged by 13% moving past $37,000. At press time, the BTC price is trading at $37,517 with a market cap of $690 billion.
The recent pull-back in Bitcoin comes amid a renewed crowd interest in the crypto. As per on-chain data provider Santiment, the crowd interest for Bitcoin has surged to a 3-week high while that in altcoins still remains subdued. This has also helped Bitcoin extend its market dominance which had dropped under 40% recently.
At the same time, Santiment data also shows that there’s a strong whale accumulation taking place in Bitcoin during the recent correction. While Bitcoin has been clearly on a downtrend on a monthly chart, whales have managed to squeeze more supplies during every stage. Santiment reports that bitcoin whale addresses holding 1000+ BTC have accumulated more than 80,000 Bitcoins over the last month.
While many analysts have been talki
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